Recent content by Mister7

Has anyone checked out Bitcoin Prophet? I have actually made a some bitcoins there using some basic TA, It seems to be pretty good so far.

I think Bitcoin is very promising from a free market perspective, although it has been extremely volatile as of late...I have messed with a few games which are fun etc. one caught my eye recently called bitcoin prophet that I haven't tried but it seems like it has potential from a Trading...

Bollinger settings The BB settings are standard, they really serve to help identify waves and their peaks more than anything.

Answer: Yes, but only after signs of reversal etc.

In Trade... I haven't been posting every move over the last few weeks so here are two just to show you nothing has changed... The Euro... and the Yen... Hope some of you are still finding this useful.

Week Ahead Both the yen and euro had great retracements last week, and are currently in consolidation. Euro is showing early signs of a possible uptrend, and yen a downtrend, so watch for a trade sometime Tuesday or Wednesday for these pairs.

Continued success... I haven't posted for a bit, however I am still successfully trading this method and in fact closed a trade earlier today as well. It seemed kind of redundant to keep posting successful trades, as I have shown time and time again these retracements work. If anyone has any...

She's at it again... The Yen... The Euro...

These weeks trades... The Yen... The Euro...

Median The Median Average runs through the center of the bollinger bands in my pics. If I see a sign of reversal in this area, 1-2-3 pattern or the breach of a frmer high or low, I look for an entry.

Entry Demystified... Many on this forum and others have asked about he specifics of entry with this method, as the idea of fib targets is fairly standard and well known. My primary focus is watching for what I refer to as the elasticity of the market, or more specifically the tendency for it...

Thanks for reading and the congrats. It has been very profitable, and due to its dynamic nature should be able to continue to do so as the market changes over time. I have a set of variable criteria that I use to determine entry that varies based upon the formation at hand, and the strength of...

Fibs nothing new... The targets are based on conservative Fibs however former support or resistance if it exists in that area seems to outweigh the significance of the retracement, but that is only half of the equation, calling the tops and/or bottoms is the skill that needs to be developed...

Week's Trades Both the Yen and Euro made retracements. I missed both of these trades as I felt that there was a further move coming from both and was incorrect. Nothing ventured nothing gained, but I also didn't lose anything either However, It proves the system works yet again.

Week Outlook This week both the Yen and Euro are in consolidation so far, so if a trade develops it will be a few days in.